Top Commerce Colleges in Mumbai 2024-2025: Ranking, Fees, Cut-off, Courses, Placements, Admission

Written By universitykart team | Last updated date Aug, 28, 2024

Top Commerce Colleges in Mumbai 2024-25 - Check the list of the best Commerce colleges in Mumbai, Maharashtra with ranking, fees, cut-off, admission, brochure, placements, reviews, entrance exams, and eligibility criteria.

St. Xavier's College, Narsee Monjee College of Commerce and Economics, HR College of Commerce and Economics, KJ Somaiya College of Arts and Commerce, Jai Hind College, etc. are some of the top colleges for commerce in Mumbai. There are 120+ top commerce colleges of which 90+ are privately owned and 30+ are government-funded. These colleges provide various types of specializations in several fields for students. Commerce courses are specially designed for students who are interested in the fields of finance, business, economics, and management. This course aims to provide highly educated and skilled students, which is important for a strong foundation in understanding commerce.

Mumbai is the capital of the Maharashtra state which is a part of the Indian southern part. This city is the financial capital of India and it is located on the Arabian Sea. It is the home of the memorable places of the Gateway of India, Marierin Dive, the historical Chhatrapati Shivaji Maharaj Terminus and many more. It is also a hub of IT Companies. This city is also known as the heart of the Indian film industry, Bollywood and an attractive spot for dreamers from all over the country. Mumbai is a famous city for students because they all know that Mumbai city is the biggest hub of the top Commerce colleges and universities. Most students come from other cities and states to get admitted to the top Commerce Colleges in Mumbai.

Narsee Monjee College of Commerce and Economics is one of the top commerce colleges in Mumbai for providing the best placement opportunities at university campus placement fairs. In the last year, NMIMS university students got a high salary package was INR 7,50,000. Student gets the best placement at their efforts and their knowledge and skills.

Highlights of Top Commerce Colleges in Mumbai 2024-25

The Commerce course is a worldwide professional program for students, it is specially designed for students who are interested in business, finance, economics and accounting fields. B.com, M.com, M.phil etc. are the best business courses at different levels such as Bachelor, Master and Ph.D. It aims to develop the skills required for students to learn about financial data and market trends and understand business operations. This course opens up various career opportunities in many fields including banking, finance, marketing and human resources. CA, CFA and MBA are professional courses that serve as a foundation. CUET, NPAT, OUCET, etc. are entrance exams for students to get admission to reputed Commerce colleges in Mumbai. St. Xavier's College, Narsee Monjee College of Commerce and Economics, HR College of Commerce and Economics, KJ Somaiya College of Arts and Commerce, Jai Hind College, etc. are the top-ranked colleges in Mumbai. These are the best colleges for Commerce specialization in Mumbai.

Here is the table of the parameters of the top Commerce colleges in Mumbai:

Parameters

Particulars

State

Maharashtra

City

Mumbai

Number of Commerce college

120+

Program Offer

UnderGraduation, Post-graduation, Doctorate.

Course Name

B.comM.com, M.Phil/PhD.

Top Specializations

Accounting, Finance, Banking, Supply Chain Management, Tourism Management, International Business, Computer Application Studies, Business Administration, Business Management, etc.

Course Type

Full-time, Part-time, Distance, and Online.

Admission Process

Entrance Exams/Merit-Based

Entrance Exams

CUETNPAT, OUCET, etc.

Average Fee

INR 10,000 to 5,00,000 PA

Specializations in Top Commerce Colleges in Mumbai

Students have various options to get admission in their interested course which is relevant to their previous education. Students have to qualify for college entrance exams. The top Commerce colleges in Mumbai offer various types of specializations for students to gain the best knowledge and develop their skills to be proficient in relevant fields and achieve their goals in career life.

Here is the table of the top specialization in top Commerce colleges in Mumbai:

Specialization

Focus Areas

Accounting and Finance (M.Com.)

Financial reporting, auditing, taxation, corporate finance, investment management

Banking and Insurance (B.Com.)

Banking operations, insurance policies, risk management, financial services

Business Management

Organizational behaviour, business strategy, operations management, leadership

Economics (B.Com)

Microeconomics, macroeconomics, economic policies, market analysis, international economics

Marketing (B.Com.)

Consumer behaviour, brand management, digital marketing, sales strategy, market research

Human Resource Management

Talent acquisition, employee relations, performance management, labour laws, organizational development

International Business (M.Com)

Global trade, cross-cultural management, international finance, global marketing

Taxation (M.Com.)

Tax laws, tax planning, corporate taxation, personal taxation, indirect taxes

E-Commerce (B.Com.)

Online business models, digital marketing, e-commerce platforms, online consumer behaviour

Entrepreneurship

Business planning, startup management, innovation, venture capital, small business management

Business Analytics (B.Com.)

Data analysis, business intelligence, statistical tools, predictive modelling, decision-making

Eligibility criteria in Top Commerce colleges in Mumbai

Commerce is a professional program and students need to know about the eligibility criteria to get admission to the top Commerce colleges in Mumbai.

Here is the table of eligibility criteria for the Top Commerce colleges in Mumbai:

College Name

Eligibility Criteria

St. Xavier's College

- Minimum 45% in 10+2 (HSC) or equivalent examination from a recognized board.

- Preference is given to candidates with a background in Commerce.

- Admission based on merit and entrance test for certain courses.

Narsee Monjee College of Commerce and Economics

- Minimum 50% in 10+2 (HSC) or equivalent examination from a recognized board.

- Compulsory subject: Mathematics.

- Admission based on merit.

HR College of Commerce and Economics

- Minimum 45% in 10+2 (HSC) or equivalent examination from a recognized board.

- Preference for students with a Commerce background.

- Admission based on merit.

KJ Somaiya College of Arts and Commerce

- Minimum 45% in 10+2 (HSC) or equivalent examination from a recognized board.

- Admission based on merit.

- Reservations for minority communities as per university norms.

Mithibai College of Arts, Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics

- Minimum 45% in 10+2 (HSC) or equivalent examination from a recognized board.

- Preference for candidates with Commerce subjects.

- Admission based on merit.

Jai Hind College

- Minimum 45% in 10+2 (HSC) or equivalent examination from a recognized board.

- Admission based on merit.

- Special quotas available for certain categories.

RA Podar College of Commerce and Economics

- Minimum 45% in 10+2 (HSC) or equivalent examination from a recognized board.

- Preference for candidates with Commerce subjects.

- Admission based on merit.

Hinduja College of Commerce

- Minimum 45% in 10+2 (HSC) or equivalent examination from a recognized board.

- Admission based on merit.

- Special consideration for students from reserved categories.

Sydenham College of Commerce and Economics

- Minimum 45% in 10+2 (HSC) or equivalent examination from a recognized board.

- Admission based on merit.

- Special quotas for SC/ST/OBC and other categories as per government norms.

KC College of Arts, Commerce and Science

- Minimum 45% in 10+2 (HSC) or equivalent examination from a recognized board.

- Preference for candidates with Commerce subjects.

- Admission based on merit.

Entrance Exams are accepted in Top Commerce Colleges in Mumbai

Top Commerce Colleges in Mumbai have accepted the most popular entrance exams which are organised by the university or the National/State level exams.

Here is the table of the top Entrance Exam in top commerce colleges in Mumbai:

Entrance Exam

Level

Description

CUET (Common University Entrance Test)

National

CUET is a national-level entrance exam conducted by the National Testing Agency (NTA) for admission to undergraduate programs in central universities and other participating institutions across India.

NPAT (National Test for Programs After Twelfth)

National

NPAT is a national-level entrance exam conducted by NMIMS for admission to various undergraduate and integrated degree programs offered by NMIMS and its affiliated colleges.

Modes of the Top Commerce Courses in Mumbai

Top Commerce colleges in Mumbai provide various modes for students to attend their classes and not lose their studies. The student can choose their studying modes which are compatible with their situation for attending their classes. Full-time, part-time, distance, and online modes are available to students.

Here is the table of the modes of the top Commerce colleges in Mumbai:

Mode

Description

Full-time

Full-time courses require students to attend classes regularly, typically on weekdays. These programs are intensive and involve in-person lectures, practical sessions, and regular assessments. Full-time courses are best suited for students who can commit to a rigorous academic schedule without any parallel commitments.

Part-time

Part-time courses are designed for students who may be working or have other commitments. Classes are usually held in the evenings or on weekends. These programs are less intensive than full-time courses and are spread out over a longer duration, allowing students to balance their studies with work or other responsibilities.

Distance

Distance learning courses allow students to study remotely without the need to attend regular classes. Study materials are usually provided in printed or digital format, and students can complete the coursework at their own pace. Assessments are typically conducted online or through postal services. Distance learning is ideal for students who cannot attend in-person classes due to geographical or time constraints.

Online

Online courses are conducted entirely over the internet. They include live or recorded lectures, virtual classrooms, online discussions, and digital assessments. Online courses offer flexibility, allowing students to learn from anywhere and at any time. These programs are ideal for students who prefer a more flexible and self-paced learning environment.

List of Top Commerce Colleges in Mumbai 2024-25

In Mumbai, There are around 120+ commerce colleges out of which 90+ are privately owned and 30+ are government-funded. Most students choose Commerce colleges in Mumbai because they provide a higher educational degree and their best facilities. They offer UG, PG and PhD level education in various courses with several specializations. St. Xavier's College, Narsee Monjee College of Commerce and Economics, HR College of Commerce and Economics, KJ Somaiya College of Arts and Commerce, Jai Hind College, etc. are some of the best commerce colleges in Mumbai and are listed in the top 5 commerce colleges in Mumbai.

Here is the table of the top Commerce colleges in Mumbai:

College Name

Total Tuition Fees (Approx.)

St. Xavier's College

INR 25,000 - 50,000 PA

Narsee Monjee College of Commerce and Economics

INR 15,000 - 40,000 PA

HR College of Commerce and Economics

INR 15,000 - 35,000 PA

KJ Somaiya College of Arts and Commerce

INR 20,000 - 50,000 PA

Mithibai College of Arts, Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics

INR 20,000 - 50,000 PA

Jai Hind College

INR 25,000 - 55,000 PA

RA Podar College of Commerce and Economics

INR 15,000 - 35,000 PA

Hinduja College of Commerce

INR 10,000 - 30,000 PA

Sydenham College of Commerce and Economics

INR 10,000 - 30,000 PA

Mulund College of Commerce

INR 10,000 - 30,000 PA

KC College of Arts, Commerce and Science

INR 20,000 - 50,000 PA

Wilson College

INR 15,000 - 40,000 PA

Bhavan's College, Andheri

INR 10,000 - 30,000 PA

Elphinstone College

INR 5,000 - 20,000 PA

DG Ruparel College of Arts, Science and Commerce

INR 10,000 - 35,000 PA

Top Government Commerce Colleges in Mumbai

Mumbai City is a hub of Commerce Institutions and most students want to take admission to the top government colleges in Mumbai for their affordable fees. There are around 30+ Commerce colleges in Mumbai. Economically weak students use government schemes and get scholarships with their merit marks. Sydenham College of Commerce and Economics, Elphinstone College, RA Podar College of Commerce and Economics, etc. are the top 3 government commerce colleges in Mumbai.

Here is the table of the top Government Commerce colleges in Mumbai:

College Name

Total Tuition Fees (Approx.)

Sydenham College of Commerce and Economics

INR 10,000 - 30,000 PA

Elphinstone College

INR 5,000 - 20,000 PA

Narsee Monjee College of Commerce and Economics

INR 15,000 - 35,000 PA

Mumbai University - [MU], Mumbai

INR 60,000 - 90,000 PA

Jai Hind College - [JHC], Mumbai

INR 6,000 - 15,000 PA

Ismail Yusuf College of Arts, Science and Commerce

INR 5,000 - 20,000 PA

SNDT Women's University

INR 10,000 - 25,000 PA

Vikas Night College of Arts Science and Commerce, Mumbai

INR 15,000 - 40,000 PA

Indian Statistical Institute - [ISI], Mumbai

INR 10,000 - 30,000 PA

National Institute of Securities Market - [NISM], Mumbai

INR 10,000 - 35,000 PA

Top Private Commerce Colleges in Mumbai

Most students choose private colleges for their education and quality of facilities. Educational facilities are the most important thing for students to focus on in their studies. There are around 90+ colleges that provide commerce programs in their top college in Mumbai. Also, Private colleges have communicated with the top MNCs to offer placement opportunities for their students. NMIMS University, St. Xavier's College, Jai Hind College, etc. are the top 3 private Commerce colleges in Mumbai.

Here is the table of the Top Private Commerce Colleges in Mumbai:

College Name

Total Tuition Fees (Approx.)

NMIMS University Distance Education (NMIMS-DE), Mumbai

INR 1,50,000 - INR 2,50,000

St. Xavier's College, Mumbai

INR 25,000 - INR 30,000

Jai Hind College - [JHC], Mumbai

INR 15,000 - INR 25,000

HR College of Commerce and Economics, Mumbai

INR 20,000 - INR 30,000

Wilson College, Mumbai

INR 10,000 - INR 20,000

KJ Somaiya College of Arts and Commerce, Mumbai

INR 50,000 - INR 1,00,000

Mithibai College of Arts, Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics

INR 15,000 - INR 25,000

Hinduja College of Commerce

INR 10,000 - INR 20,000

RD National College, Mumbai

INR 20,000 - INR 30,000

SIES College of Commerce and Economics, Mumbai

INR 20,000 - INR 30,000

Top B.Com Colleges in Mumbai

Most students choose the top B.Com Colleges in Mumbai and want to get admission in their interested specializations. After completing 12th students think about their future and choose their career field and the B.Com is one of the best courses with their specializations. There are around 103+ B.Com colleges in Mumbai out of which 75+ are private colleges and 28+ are government-funded. All these colleges are listed as the top 5 B.Com colleges in Mumbai.

Here is the table of the Top B.Com Colleges in Mumbai:

College Name

Total Tuition Fees (INR)

St. Xavier's College, Mumbai

INR 30,000 - INR 50,000

Narsee Monjee College of Commerce and Economics

INR 20,000 - INR 40,000

Jai Hind College - [JHC], Mumbai

INR 25,000 - INR 45,000

Mithibai College of Arts, Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics

INR 30,000 - INR 50,000

KJ Somaiya College of Arts and Commerce, Mumbai

INR 15,000 - INR 30,000

HR College of Commerce and Economics, Mumbai

INR 35,000 - INR 55,000

RA Podar College of Commerce and Economics

INR 10,000 - INR 25,000

S.K. Somaiya Degree College of Arts, Science and Commerce

INR 20,000 - INR 35,000

Sydenham College of Commerce and Economics

INR 10,000 - INR 20,000

Wilson College

INR 25,000 - INR 40,000

Eligibility Criteria of Top B.Com Colleges in Mumbai

Students need to know about the eligibility criteria to get admission to the top B.Com Colleges in Mumbai. Students must have passed in 12th from the recognized board with the relevant subjects. Students have to get 50% marks obtained to get admission.

Top M.Com Colleges in Mumbai

Top M.Com Colleges in Mumbai provide higher education degrees for students. There are 75+ Commerce colleges in Banglore out of 49+ are private and 26+ are government-funded and most students choose that course for a better future. After completing undergraduate studies, students focus on the next level of higher education to gain extra knowledge and skills. These are the top 5 M.Com colleges in Mumbai.

Here is the table of the Top M.Com Colleges in Mumbai:

College Name

Total Tuition Fees (INR)

St. Xavier's College, Mumbai

INR 30,000 - INR 50,000

Narsee Monjee College of Commerce and Economics

INR 20,000 - INR 40,000

Jai Hind College - [JHC], Mumbai

INR 25,000 - INR 45,000

Mithibai College of Arts, Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics

INR 30,000 - INR 50,000

KJ Somaiya College of Arts and Commerce, Mumbai

INR 15,000 - INR 30,000

HR College of Commerce and Economics, Mumbai

INR 35,000 - INR 55,000

RA Podar College of Commerce and Economics

INR 10,000 - INR 25,000

S.K. Somaiya Degree College of Arts, Science and Commerce

INR 20,000 - INR 35,000

Sydenham College of Commerce and Economics

INR 10,000 - INR 20,000

Wilson College

INR 25,000 - INR 40,000

Eligibility Criteria of Top M.Com Colleges in Mumbai

Students need to know about the eligibility criteria to get admission to the top M.Com Colleges in Mumbai. Students must have qualified in bechalore degree from the recognized board with the relevant subjects and fields. Students have to get 55% marks obtained to get admission.

Top Commerce Colleges in Mumbai for Finance

  1. Indian Institute of Banking and Finance, Mumbai
  2. R. K. Talreja College of Arts, Science and Commerce, Mumbai
  3. ‎Prahladrai Dalmia Lions College of Commerce & Economics, Mumbai
  4. BM Ruia Girls College, Mumbai
  5. National Academy of Management Studies - [NAMS], Mumbai

Top Commerce Colleges in Mumbai for Accounting

  1. BM Ruia Girls College, Mumbai
  2. Maharshi Dayanand College of Arts Science and Commerce, Mumbai
  3. PTVA's Sathaye College, Mumbai
  4. St Andrew's College of Arts Science and Commerce, Mumbai
  5. R. K. Talreja College of Arts, Science and Commerce, Mumbai

Best Commerce Colleges in Mumbai for Banking

  1. Maharshi Dayanand College of Arts Science and Commerce, Mumbai
  2. Indian Institute of Banking and Finance, Mumbai
  3. St Andrew's College of Arts Science and Commerce, Mumbai
  4. ‎Prahladrai Dalmia Lions College of Commerce & Economics, Mumbai
  5. Dr. Ambedkar College of Commerce & Economics, Mumbai

Best Commerce colleges in Mumbai accepting CUET

  1. Sydenham College of Commerce & Economics, Mumbai
  2. Lala Lajpat Rai College of Commerce and Economics, Mumbai
  3. Thakur College of Science and Commerce - [TCSC], Mumbai

Top Commerce colleges in Mumbai accepting NPAT

  1. Anil Surendra Modi School of Commerce - [ASMSOC], Mumbai
  2. Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University], Mumbai

ROI of Top Commerce Colleges in Mumbai

The top Commerce colleges in Mumbai offer Various types of job and career opportunities for their students to make their career. Return on Investment (ROI) is an important purpose in a student's life because students choose those colleges to complete their education that provide top placement in the best commerce colleges in Mumbai and expect the best placement packages through the colleges and can evaluate their annual fees with their annual salary package. NMIMS University, St. Xavier's College, Jai Hind College, etc. are the best ROI colleges in Mumbai for Commerce programs and are listed in the top 3 placement colleges for Commerce in Mumbai.

Here is the table of the top placement colleges in commerce in Mumbai:

College Name

Total Tuition Fees (Approx.)

Average Placement Package (Approx.)

NMIMS University Distance Education (NMIMS-DE), Mumbai

INR 1,50,000 - INR 2,50,000

INR 6,00,000 - INR 8,00,000

St. Xavier's College, Mumbai

INR 25,000 - INR 30,000

INR 4,00,000 - INR 5,50,000

Jai Hind College - [JHC], Mumbai

INR 15,000 - INR 25,000

INR 3,50,000 - INR 5,00,000

HR College of Commerce and Economics, Mumbai

INR 20,000 - INR 30,000

INR 3,50,000 - INR 5,00,000

Wilson College, Mumbai

INR 10,000 - INR 20,000

INR 2,50,000 - INR 4,00,000

KJ Somaiya College of Arts and Commerce, Mumbai

INR 50,000 - INR 1,00,000

INR 4,00,000 - INR 5,50,000

Mithibai College of Arts, Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics

INR 15,000 - INR 25,000

INR 3,00,000 - INR 4,50,000

Hinduja College of Commerce

INR 10,000 - INR 20,000

INR 3,00,000 - INR 4,50,000

RD National College, Mumbai

INR 20,000 - INR 30,000

INR 2,50,000 - INR 4,00,000

SIES College of Commerce and Economics, Mumbai

INR 20,000 - INR 30,000

INR 2,50,000 - INR 4,00,000

Top Recruiters of Top Commerce Colleges in Mumbai

There are around 120+ colleges for commerce in Mumbai and it is a hub of corporate jobs in several fields. The top Commerce Colleges in Mumbai always prepare their students to be ready for placement opportunities by the MNC recruiters. On campus, they organize placement fairs for students to get high placement packages based on their education and skills. St. Xavier's College, Narsee Monjee College of Commerce and Economics, HR College of Commerce and Economics, etc. are the top Commerce colleges for Placement in Mumbai.

Here is the table of top recruiters in the best Commerce Colleges in Mumbai:

College Name

Top Recruiters

St. Xavier's College, Mumbai

Deloitte, KPMG, Ernst & Young, PwC, Goldman Sachs

Narsee Monjee College of Commerce and Economics

JP Morgan, Morgan Stanley, Deloitte, EY, PwC

HR College of Commerce and Economics, Mumbai

KPMG, PwC, Deloitte, Citibank, ICICI Bank

KJ Somaiya College of Arts and Commerce, Mumbai

Deloitte, EY, ICICI Bank, HDFC Bank, Kotak Mahindra Bank

Mithibai College of Arts, Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics

Accenture, Capgemini, Deloitte, EY, PwC

Jai Hind College - [JHC], Mumbai

Deutsche Bank, KPMG, Deloitte, ICICI Bank, TCS

RA Podar College of Commerce and Economics

ICICI Bank, HDFC Bank, Deloitte, EY, KPMG

Hinduja College of Commerce

PWC, KPMG, EY, Deloitte, Capgemini

Sydenham College of Commerce and Economics

Deloitte, EY, KPMG, ICICI Bank, JP Morgan

KC College of Arts, Commerce and Science

EY, Deloitte, KPMG, TCS, Infosys

Top Commerce Colleges in Mumbai: FAQs

Ques. What are the most popular commerce courses in Mumbai?

Ans. The top Commerce colleges in Mumbai offer various types of courses including Bachelor of Commerce (B.Com), M.Com, Bachelor of Business Administration (BBA), and professional courses like Chartered Accountancy (CA), Company Secretary (CS), and Cost and Management Accountancy (CMA).

Ques. What are the specializations available in commerce courses in Mumbai?

Ans. Top Commerce courses in Mumbai provide various types of specializations in diverse fields including Accounting and Finance, Banking and Insurance, Business Management, Economics, Marketing, Human Resource Management, International Business, Taxation, and Business Analytics, among others.

Ques. Which are the top commerce colleges in Mumbai?

Ans. St. Xavier's College, Narsee Monjee College of Commerce and Economics, HR College of Commerce and Economics, KJ Somaiya College of Arts and Commerce, Jai Hind College, etc. are the top Commerce colleges in Mumbai.

Ques. What is the fee structure for commerce courses in Mumbai?

Ans. In Mumbai, many colleges provide Commerce programs at INR 10,000 to 5,00,000 PA fees according to their criteria.

Ques. What are the career opportunities after completing a commerce course in Mumbai?

Ans. Graduates students of commerce courses can pursue careers in accounting, finance, banking, taxation, auditing, business management, and entrepreneurship. Many also opt for higher studies or professional courses like CA, CS, CMA, or MBA.

Ques. What is the average placement package for commerce graduates in Mumbai?

Ans. The average placement package for commerce students in Mumbai varies depending on the college, specialization, and industry. On average, it ranges from INR 3 to 8 lakhs PA, with higher packages for top-performing students and those from reputed institutions.

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